Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair […]
As payments provider Clear Junction pulls support for Binance, more compliant exchanges could experience growth The regulatory troubles continue for Binance. After the UK’s Financial Conduct Authority ordered Binance to stop all regulated activity in […]
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its […]
The Southeast Asian country is looking to become the latest country to adopt a digital currency Vietnam is reportedly exploring the possibility of recognising and embracing cryptocurrencies. A report shared in the daily newspaper The […]
A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for […]
The exchange platform noted that the cryptocurrency sector has seen tremendous growth and can’t afford to be ignored According to CNN Philippines, the Philippines Stock Exchange (PSE) wants to offer crypto trading services in the […]
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central […]
Singapore crypto exchange Bybit is set to tighten its customers verification procedures In an effort to increase customer safety, Bybit is planning to update Know Your Customer (KYC) procedures for its users. The new procedures, […]
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising […]
Bitcoin miners have recently flocked into Kazakhstan after China began a major crackdown on crypto mining and trading. Bitcoin mining machines use electricity to create new coins Kazakhstan will tax cryptocurrency mining activities beginning 2022, […]
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